Waterfall is a guided series of courses for everyone interested in issues upon which Objectivism has something distinctive and important to say. The first course: Money. Examine the essential role that money plays in production, trade, and investment with thinkers such as Ayn Rand and Ludwig von Mises as your guide—as well as explore the hostility towards money from many theologians and other theorists such as Karl Marx.
This week we feature our Executive Summary of Part One of Ludwig von Mises’s The Theory of Money and Credit.